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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1029581	Modsys International Ltd	MDSY	Services-Computer Programming Services (7371)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1513202	Lake Union Capital Management, Llc	714 3Rd Street South Kirkland WA 98033		No	No	Yes	No
1513203	R. Michael Self	714 3Rd Street South Kirkland WA 98033		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Ordinary Shares, Nis 0.04 Per Share	Disposition	2016-12-21	159,356	$1.04	1,818,973	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote

Footnotes

These securities are held in the accounts of two investment partnerships (collectively, the "Investment Vehicles") for which Lake Union Capital Management, LLC ("Lake Union") serves as the general partner. Michael Self is the managing member of Lake Union. Lake Union and Mr. Self may be deemed to beneficially own the securities held by the Investment Vehicles by virtue of Lake Union's position as general partner of the Investment Vehicles and Mr. Self's status as the managing member of Lake Union. Each of the Investment Vehicles and Lake Union disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.